Global Bio-based Polypropylene Market size to Exceed USD 923.9 Million by 2035 | CAGR of 18.17%
Category: HealthcareGlobal Bio-based Polypropylene Market size to Exceed USD 923.9 Million by 2035
According to a research report published by Spherical Insights & Consulting, The Global Bio-based Polypropylene Market size is Expected to grow from USD 147.3 Million in 2024 to USD 923.9 Million by 2035, at a CAGR of 18.17% during the Forecast period 2025-2035.
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Browse 225 Market Data Tables And 119 Figures Spread Through Pages and In-Depth TOC On The "Global Bio-based Polypropylene Market Size, Share, and COVID-19 Impact Analysis, By Feedstock (Sugarcane, Corn, Cellulosic Biomass, and More), By Application (Injection Molding, Films, Textiles, and Other Applications), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2025 – 2035." Get Detailed Report Description Here: https://www.sphericalinsights.com/reports/bio-based-polypropylenes-market
Bio-based polypropylene is a type of polypropylene polymer that is based on sustainable biomass feedstock instead of fossil-fuel feedstock, including corn, sugarcane, agricultural waste, and vegetable oils. Bio-based polypropylene is a sustainable plastic derived from renewables such as plants and agricultural waste. It performs like polypropylene, which is derived from fossil fuels, but with a lessened environmental impact. Companies like Braskem, SABIC, and LyondellBasell continue to expand their presence via partnerships, investments in capacity, and innovation. Kikkoman Biochemifa is interested in the use of polypropylene based on 100% renewable feedstock. The uptake of bio-based polypropylene is largely driven by automotive and transportation industries, with companies like Mazda and Braskem applying PP based on cellulosic biomass for components in vehicles to support the objectives of the circular economy and greener manufacturing. Consumer demand for eco-friendly products is further accelerating this shift.
The sugarcane segment dominated the market in 2024 and is projected to grow at a substantial CAGR during the forecast period.
Based on the feedstock, the bio-based polypropylene market is divided into sugarcane, corn, cellulosic biomass, and more. Among these, the sugarcane segment dominated the market in 2024 and is projected to grow at a substantial CAGR during the forecast period. The segment's development is stimulated by strong fermentation capacity and an established sugarcane-to-ethanol conversion. Despite seasonal risks to feedstock, it is nevertheless near other key industrial centers in Brazil and Thailand, resulting in a relatively reliable supply and costs that are competitive.
The injection molding segment accounted for the largest share in 2024 and is anticipated to grow at a remarkable CAGR during the forecast period.
Based on the application, the bio-based polypropylene market is divided into injection molding, films, textiles, and other applications. Among these, the injection molding during pregnancy segment accounted for the largest share in 2024 and is anticipated to grow at a remarkable CAGR during the forecast period. The segment's increase is due to its ability to accurately produce complex thin-wall items. The adoption of films in snack food wraps, stand-up pouches, and personal care overwraps is also rapidly expanding because bio-PP possesses PP-like barrier properties that allow downgauging without sacrificing moisture or smell barrier.
North America is expected to hold the majority share of the global bio-based polypropylene market during the forecast period.
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North America is expected to hold the majority share of the global bio-based polypropylene market during the forecast period. The bio-based polypropylene market abundance of renewable feedstocks (corn and sugarcane), sophisticated biopolymer research and development, advantageous government regulations and incentives, rising demand for consumer items, packaging, and automobiles, and well-established manufacturing facilities.
Asia Pacific is anticipated to grow at the fastest pace in the global bio-based polypropylene market during the forecast period. The bio-based polypropylene market in the Asia Pacific is bolstered by strong demand from the growing automotive and packaging industries, sizable, ecologically conscious consumer bases, a wealth of agricultural waste and inexpensive biomass feedstocks, supportive government regulations for bioplastics and green materials, and an increase in production and research and development expenditures in nations like China, India, Japan, and Southeast Asia.
Europe's market for bio-based polypropylene is driven by the EU's Green Deal, which aims to achieve climate neutrality, and the Circular Economy Action Plan, which prioritises sustainable resource use and waste reduction. Research projects under Circular Bio-based Europe and major funding through programs like Horizon 2020 encourage innovation in bio-based polymers, speeding up their development and uptake.
Major vendors in the global bio-based polypropylene market are Braskem, Biobent Polymers, LyondellBasell Industries Holdings B.V., NaturePlast, Prime Polymer Co., Ltd, CITRONIQ, LLC., BiologiQ, Inc., Trellis Bioplastics, LyondellBasell Industries N.V., SABIC, Neste Corporation, Mitsui Chemicals, Inc., Trinseo, Borealis AG, Danimer Scientific, Futerro, FKuR Kunststoff GmbH, and Others.
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting and Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Recent Development
- In September 2023, SABIC and Taghleef partnered with two Greek firms to produce mono-PP thin-wall containers using certified renewable polymers for in-mould labeling food applications.
Market Segment
This study forecasts revenue at global, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the bio-based polypropylene market based on the following segments:
Global Bio-based Polypropylene Market, By Feedstock
- Sugarcane
- Corn
- Cellulosic Biomass
- More
Global Bio-based Polypropylene Market, By Application
- Injection Molding
- Films
- Textiles
- Other Applications
Global Bio-based Polypropylene Market, By Regional Analysis
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa
About the Spherical Insights & Consulting
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Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company's mission is to work with businesses to achieve business objectives and maintain strategic improvements.
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